Project Accountant

Ibuilders Corp; Joliet (IL); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Competitive compensation

Collaborative team environment

Impact on cash flow

Job summary

Ibuilders Corporation seeks a Construction Project Accountant to manage accounts receivable, AIA billing, lien waivers, and collections across multiple active commercial projects in Joliet, IL. You will drive accurate, timely billing and cash flow improvements.

The role requires hands-on experience with AIA G702/G703, strong organizational skills, and the ability to coordinate with project teams to resolve billing issues and keep close track of receivables and close-out documentation.

Qualifications

• 3+ years of construction accounting experience (commercial construction preferred).
• Strong experience with AIA G702/G703 billing.
• Experience preparing partial and final lien waivers.
• Proven success in collections and AR follow-up.
• Strong understanding of construction contracts, retention, and change orders.
• Exceptional attention to detail and time management skills.
• Preferred: Textura billing and payment processing, Sage construction modules, Procore, and Excel proficiency.

Responsibilities

• Prepare monthly AIA pay applications (G702/G703) on schedule.
• Manage progress billings, retention, change orders, and final billings.
• Ensure billing aligns with contracts and schedules of values.
• Coordinate with project managers to resolve billing discrepancies.
• Prepare, track, and submit lien waivers (partial and final).
• Maintain billing and close-out documentation.
• Proactively manage collections and AR aging.
• Process billings and payments through Textura and portals.
• Assist with month-end close related to receivables and job costing.

Skills

Construction accounting

Accounts receivable

Collections

AIA billing

Lien waivers

Contract & change orders

AR aging

Attention to detail

Tools

Textura

Sage

Procore

Microsoft Excel

Microsoft Word

Outlook

Job description

Job Description

Construction Project Accountant (AR / AIA Billing Focus)

Location: Joliet, IL
Industry: Commercial Construction
Employment Type: Full-Time

Position Overview

We are seeking an experienced Construction Project Accountant to manage accounts receivable, AIA billing, lien waivers, and collections across multiple active commercial construction projects. This role is critical to maintaining strong cash flow and ensuring timely, accurate billing and payment processing.

The ideal candidate has hands-on experience with AIA G702/G703 billing, is highly organized, detail-oriented, and is confident and professional in driving collections and resolving payment issues.

Key Responsibilities

Accounts Receivable & AIA Billing

• Prepare and submit monthly AIA pay applications (G702/G703) accurately and on schedule
• Manage progress billings, retention, change orders, and final billings
• Ensure billing aligns with contract requirements, schedules of values, and approved change orders
• Coordinate closely with project managers and estimators to resolve billing discrepancies

Lien Waivers & Compliance

• Prepare, track, and submit partial and final lien waivers
• Ensure compliance with owner, general contractor, lender, and contract requirements
• Maintain complete and accurate billing and close-out documentation

Collections & Cash Flow Management

• Proactively manage collections on outstanding receivables
• Communicate clearly and professionally with owners, general contractors, and customers
• Track AR aging, follow up on past-due accounts, and elevate issues as needed
• Resolve billing disputes efficiently to minimize payment delays

Systems, Reporting & Support

• Process billings and payments through Textura and other owner/GC portals
• Maintain accurate AR schedules and project billing reports
• Assist with month-end close related to receivables and job costing
• Support audits, lender requests, and bonding documentation

Required Qualifications

• 3+ years of construction accounting experience (commercial construction preferred)
• Strong experience with AIA G702/G703 billing
• Experience preparing partial and final lien waivers
• Proven success in collections and AR follow-up
• Strong understanding of construction contracts, retention, and change orders
• Exceptional attention to detail and time management skills

Highly Preferred Skills & Experience

• Working knowledge of Textura billing and payment processing
• Experience with Sage (construction accounting modules preferred)
• Experience using Procore for project financial coordination
• Strong proficiency in Microsoft Excel, Word, and Outlook
• Ability to manage multiple projects and deadlines simultaneously

What We Offer

• Competitive compensation based on experience
• Stable, growing commercial construction company
• Collaborative team environment
• Opportunity to directly impact company cash flow and financial performance

Company Description

At Ibuilders Corporation, you’re not just another employee — you’re part of a team that builds with purpose. We combine a strong safety culture, consistent workflow, and a commitment to doing things better and more efficiently. With steady growth, real career advancement opportunities, and leadership that invests in its people, Ibuilders Corporation is a place where you can build your future while helping shape Chicago’s skyline.